The global vegetable seeds market was valued at approximately USD 8.6 billion in 2021 and is expected to increase to approximately USD 14.5 billion by 2028, with a compound yearly growth rate (CAGR) of approximately 10.35% between 2022 and 2028. The study examines the worldwide vegetable seeds market’s drivers, restraints/challenges, and impact on demand during the forecast period. Furthermore, the paper investigates potential opportunities in the vegetable seed market.
Vegetable Seeds Market: Overview
A seed is essentially an embryonic plant that has an exterior shell and a food reserve in the center. In seed-producing plants, seed formation signifies reproduction. Vegetable seeds are crop seeds or embryos that can be produced on agricultural farms or gardens and are marketed in the market as herbs or vegetable seeds. Beans, peas, cabbage, carrots, peppers, and other legumes are examples of vegetable seeds. Because these food items take fewer resources to develop, vegetable seeds are becoming increasingly popular on the global market.
Read Related: https://www.zionmarketresearch.com/news/global-vegetable-seeds-market
Acres of land, sufficient and consistent water supply, and heavy machineries such as a tractor-trailer, ripper machines, disc harrows, and other equipment are typically required for every agricultural project in order to produce crops in sufficient quantity and quality. Crop production is costly since a huge amount of resources and man-hours are required on a continuous basis.
They don’t take up much area and can be grown in gardens outside the farmers’ homes. They only require a small amount of water and do not require truckloads of other resources, which is why they are gaining popularity among people who do not have the financial or non-financial resources to invest in large agricultural projects but can invest in these less time and resource-intensive parts of the agricultural sector.
Vegetable Seeds Market: Segmentation
The global vegetable seeds market is divided into four sections: form, type, characteristics, crop type, growing method, and region.
The global market is divided into two types: hybrids and open-pollinated. Because of the variability afforded by the seed, the open-pollinated segment today dominates the global market. Yet, if research activities increase, hybrid seeds may provide significant cash. By 2026, the global hybrid seed market is expected to be worth USD 62.3 billion.
The global market is segmented into organic and inorganic segments based on form. Because of the growing trend of organic food culture, the organic category is predicted to develop significantly during the projection period. The global organic food industry is expected to increase at a CAGR of 13.9% by 2028, reaching USD 437 billion in sales.
The global market is divided into four sections based on crop type: roots and bulbs, Solanaceae, cucurbit, leafy, brassica, and others. Global demand for the Solanaceae family of vegetable seeds, which includes tomato, eggplant, potato, and pepper, is high. Hybrid tomato seeds are becoming increasingly popular. Another aspect contributing to the strong demand for tomatoes is the high seed replacement rate of 99.32%.
Vegetable Seeds Market: Regional Analysis
During the forecast period, Asia-Pacific will continue to dominate the global market.
Because of increased awareness of vegetable seeds and their benefits, Asia-Pacific is expected to dominate the worldwide vegetable seed market. The presence of two of the world’s greatest agricultural countries, China and India, which rank first and fourth in the official list of the world’s largest producers of agricultural products, is expected to fuel regional growth.
Vegetable Seeds Market: Competitive Analysis
The global vegetable seed market is dominated by players like Bayer CropScience Ltd, Takii & Co., Ltd, Enza Zaden, Rijk Zwaan Zaadteelt en Zaadhandel B.V, Mahyco Private Limited, K Agri Genetics Limited, East-West Seed Company Ltd, Bejo Zaden BV, VNR Seeds, and Syngenta AG
The global vegetable seed market is segmented as follows:
By Form
Organic
Inorganic
By Type
Hybrids
Open-Pollinated
By Traits
Conventional
Genetically Modified
By Crop Type
Roots And Bulb
Solanaceae
Cucurbit
Leafy
Brassica
Others
By Cultivation Method
Open Fields
Protected
By Region
North America
The U.S.
Canada
Contact US
Zion Market Research
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL-FREE +1 (855) 465-4651
Email: [email protected]
Read Also:
https://demo.sngine.com/blogs/175982/Global-Chlorella-Market-Size-Share-Growth-and-Forecast-to-2030
https://theprose.com/post/624029/global-crystal-oscillators-market-size-share-growth-and-forecast-2030